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Peloton gains over 25% - Daily Observations 08 Feb

Peloton $PTON gain over 25% after CEO step aside and cost cutting measures. $DJI +1.06% | $NDX +1.21% | $RUT +1.63% | $SPX +0.84% | $VIX -5.82%
Peloton gains over 25% - Daily Observations 08 Feb
Photo by Andrew Valdivia / Unsplash

Peloton $PTON gain over 25% after CEO step aside and cost cutting measures.

$DJI +1.06% | $NDX +1.21% | $RUT +1.63% | $SPX +0.84% | $VIX -5.82%

Market Performance

Sector Performance

  • 8 of 11 sectors finished green today.
  • Best sector: Materials up 1.58% to 84.02 from 82.71.
  • Laggard sector: Energy slid 2.11% to 68.31 from 69.78.
  • VIX slid 5.82% to 21.53 from 22.86.
  • Crude oil /CL 1.83% to 89.65 from 91.32.
  • TNX gains 1.98% to 19.54.
  • TYX gains 1.49% to 22.51.

SPY Snapshot

  • $SPY gains 0.80% to 450.82 from 447.26.
  • 8-day SMA at 449.44 | 21-day SMA at 450.62 |  30-day SMA 457.54.
  • Relative strength index moved to 47.4 from 45.09.
  • Volume slid to 74.98M from 84.47M.

Week 6 Earnings:

Disclaimer: I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.